Foreign Exchange Rate Fluctuations: Deductibility of Additional Liability under Income Tax Act Section 43A Examined.

Foreign Exchange Rate Fluctuations: Deductibility of Additional Liability under Income Tax Act Section 43A Examined. https://www.taxtmi.com/highlights?id=16536 Whether additional liability on actual cost of asset in respect of fluctuations in foreign exchange rate be deductible u/s 43A - Amendment to Section 43A by Finance Act, 2002 w.e.f 1.4.2003 was amendatory and not clarificatory - HC en-us Thu, 26 Dec 2013 08:26:34 +0530 Thu, 26 Dec 2013 08:26:34 +0530 TaxTMI RSS Generator Foreign Exchange Rate Fluctuations: Deductibility of Additional Liability under Income Tax Act Section 43A Examined. https://www.taxtmi.com/highlights?id=16536 Whether additional liability on actual cost of asset in respect of fluctuations in foreign exchange rate be deductible u/s 43A - Amendment to Section 43A by Finance Act, 2002 w.e.f 1.4.2003 was amendatory and not clarificatory - HC Highlights Income Tax Thu, 26 Dec 2013 08:26:34 +0530 https://www.taxtmi.com/highlights?id=16536